Note4Students
From UPSC perspective, the following things are important :
Mains level: Impact of automation on the Indian economy; Why in the News? The rise in jobless growth, driven by automation and AI, has led to growing inequality, prompting discussions on implementing Universal Basic Income (UBI) in many countries. What does the ILO say on Inflation and unemployment in India? The ILO reports that 83% of the unemployed population in India are youth, due to the rapidly changing economy influenced by automation and AI. This trend has exacerbated income inequality, with a 1.6% drop in global labour income […]
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